The Building Of Legal System On Foreign Companies' Transnational M & A Of Chinese Enterprises

As transnational M&A (merger and acquisition) increasingly becomes an important way of the direct transitional foreign investment, the study of the transnational M&A law has undoubtedly stared in the face of the scholars of economic law. So China must accept the international popular investment means of M&A, if she wants to further attract the foreign investment after joined the WTO. Hence, it is of great necessity for us to carry on a deep and extensive study on the regulations on the laws of transnational M&A in different countries, so as to complete and perfect our domestic regulation system on the transnational M&A law.Running into three parts, this article carried a discussion on the developing M&A trend of transitional companies and relevant legal issues. In the first part, the author had a review on the current situation of some transnational companies' merging and acquiring with Chinese companies and analyzed some representative legal issues emerged in those M&A processes. In the second part, there is a compare between the transnational M&A regulations o f the developing host countries and the developed host countries and the author also probed into its reference significance in perfecting China's transnational M&A regulation system. In the third part, the author firstly introduced current transnational M&A regulation legislation situation of the transnational companies in China and had a discussion on the countermeasures of it, then, as a result, put forward some legal propositions.